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    abhi1277's Avatar
    abhi1277 Posts: 22, Reputation: 1
    New Member
     
    #1

    Mar 7, 2009, 08:30 AM
    Lifetime learning credit
    I have the following questions about LLC if anyone could please answer:

    1. My wife was on h4 visa in 2008 and she did certain credits to obtain her professional licensure and we paid 5000 dollars in tuition but all courses were online. We have got the 1098T from the univ. Can we claim the LLC for online courses?

    2. If claiming the LLC, does one have to itemize necessarily or we can go for standard deduction ( we are planning to go for standard deduction).

    Thanks
    Five Rings's Avatar
    Five Rings Posts: 459, Reputation: 7
    Full Member
     
    #2

    Mar 7, 2009, 02:08 PM

    Yes, as long as she is considered a resident alien you may take the credit.

    Whether you take the standard or itemized deduction makes no difference; credits are subtracted from TAX not income.

    See: Hope & Life Time Learning Educational Credits

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